Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue Jul 15, 2014    USDA Market News



NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -

For Primarily Monday, 07/14/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   52,187     52,187      60,545       60,545      89,716       89,716

Live:       7,167      7,167       8,313        8,313       8,447        8,447

Total:     59,354     59,354      68,858       68,858      98,163       98,163



NEGOTIATED GRID NET:

Dressed:    4,345      4,345       4,551        4,551       4,496        4,496

Live:         318        318       2,465        2,465       1,301        1,301

Total:      4,663      4,663       7,016        7,016       5,797        5,797





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,074     64.0     665-979     857   241.67-293.71      256.33

65 - 80% Choice   8,141     64.2     754-1,015   884   240.83-258.77      250.57

35 - 65% Choice   8,401     64.4     684-1,005   863   236.15-253.52      248.91

 0 - 35% Choice   4,210     64.2     719-935     873   238.57-251.11      246.73

HEIFER

Over 80% Choice   5,772     64.0     679-924     799   249.21-297.47      256.09

65 - 80% Choice   8,638     64.3     687-899     784   223.31-258.21      251.70

35 - 65% Choice   4,141     64.1     691-926     778   233.50-255.68      249.65

 0 - 35% Choice     786     64.7     747-816     773   246.00-251.96      247.66

MIXED STEER/HEIFER

Over 80% Choice   1,387     63.9     714-915     836   248.00-276.79      260.35

65 - 80% Choice     680     63.3     726-923     812   243.49-253.51      249.67

35 - 65% Choice     351     62.9     683-887     781   244.38-249.42      245.79

 0 - 35% Choice     576     63.7     795-880     849   246.00-247.00      246.62

ALL DRESSED STEERS AND HEIFERS

                 48,157     64.2     665-1,015   834   223.31-297.47      251.48

MIXED STEER/HEIFER/COW

Over 80% Choice     307     64.4     823-829     824   254.46-257.98      257.22

65 - 80% Choice     270     63.9     633-690     681   221.51-247.30      225.52

35 - 65% Choice     376     63.6     688-920     812   235.71-249.64      244.10

 0 - 35% Choice     312     59.7     959-1,077  1,001  217.17-233.14      225.12

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,206     62.2     764-917     865   236.31-255.15      245.31

65 - 80% Choice     712     62.3     770-870     824   236.10-252.14      245.32

35 - 65% Choice     635     61.1     784-860     818   241.26-244.01      242.23

 0 - 35% Choice     212     62.8     907-907     907   240.00-240.00      240.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     142     62.7   1,203-1,232  1,218  159.00-170.00      164.73

65 - 80% Choice   1,582     63.4   1,387-1,527  1,442  158.50-160.71      159.48

35 - 65% Choice   2,704     63.2   1,239-1,523  1,364  153.00-159.50      158.13

 0 - 35% Choice     254     62.0   1,424-1,424  1,424  159.00-159.00      159.00

HEIFER

Over 80% Choice     200     65.1   1,227-1,227  1,227  159.00-159.00      159.00

65 - 80% Choice     568     63.6   1,074-1,271  1,182  158.00-159.67      158.91

35 - 65% Choice     854     63.5   1,100-1,342  1,235  155.00-159.50      157.62

 0 - 35% Choice     120     61.2   1,172-1,172  1,172  159.00-159.00      159.00

MIXED STEER/HEIFER

Over 80% Choice      82     61.3   1,264-1,375  1,311  157.85-160.50      158.98

65 - 80% Choice     308     62.2   1,296-1,345  1,330  148.00-173.07      162.42

35 - 65% Choice      61     65.2   1,266-1,266  1,266  159.00-159.00      159.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  6,875     63.2   1,074-1,527  1,340  148.00-173.07      158.86

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      75     61.6   1,351-1,351  1,351  157.87-157.87      157.87

65 - 80% Choice     180     61.2   1,309-1,368  1,356  146.00-149.00      148.38

35 - 65% Choice      37     61.0   1,302-1,302  1,302  149.00-149.00      149.00

 0 - 35% Choice                         -                    -





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     102     63.8     623-836     757   246.54-257.88      251.60

65 - 80% Choice     275     64.3     819-897     852   242.24-249.95      244.13

35 - 65% Choice     375     65.1     798-886     844   244.60-250.64      246.12

 0 - 35% Choice     721     63.5     815-869     852   246.00-246.00      246.00

HEIFER

Over 80% Choice     108     64.7     703-771     759   249.46-253.28      252.57

65 - 80% Choice      89     65.3     770-770     770   252.27-252.27      252.27

35 - 65% Choice      54     60.5     843-843     843   247.00-247.00      247.00

 0 - 35% Choice      90     62.8     722-722     722   246.00-246.00      246.00

MIXED STEER/HEIFER

Over 80% Choice     949     63.4     644-882     774   231.83-257.56      247.21

65 - 80% Choice     244     64.3     764-830     800   241.32-245.81      244.70

35 - 65% Choice                         -                    -

 0 - 35% Choice      42     60.7     783-783     783   248.65-248.65      248.65

ALL DRESSED STEERS AND HEIFERS

                  3,049     63.8     623-897     809   231.83-257.88      246.78

MIXED STEER/HEIFER/COW

Over 80% Choice      26     62.8     807-807     807   245.55-245.55      245.55

65 - 80% Choice      69     63.7     794-827     816   244.73-251.44      249.20

35 - 65% Choice     327     59.8     834-864     841   227.93-242.74      239.59

 0 - 35% Choice     240     57.7     810-958     861   227.84-234.18      232.53

DAIRYBRED STEER/HEIFER

Over 80% Choice     329     60.3     791-937     842   233.03-241.67      237.27

65 - 80% Choice      93     60.0     724-872     803   230.91-237.86      234.32

35 - 65% Choice      13     57.1     926-926     926   238.94-238.94      238.94

 0 - 35% Choice     199     60.9     626-802     791   218.42-235.00      234.08





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      68     63.5   1,225-1,225  1,225  151.21-151.21      151.21

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL LIVE STEERS AND HEIFERS

                     68     63.5   1,225-1,225  1,225  151.21-151.21      151.21

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     250     61.7   1,219-1,328  1,294  144.16-149.89      146.02

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                9,911         809         248.26

 KANSAS                 23,490         835         252.88

 NEBRASKA                6,976         851         253.03

 COLORADO                3,492         846         248.79

 WESTERN CORNBELT        1,160         837         251.66

  TOTAL 5-AREA          44,694         833         251.49

 N.CENTRAL/E.MT            640         825         247.77

 WESTERN STATES          2,292         849         251.34

 EASTERN CORNBELT          196         878         251.43

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  687         824         247.42

 KANSAS

 NEBRASKA                  871         834         246.00

 COLORADO                   54         843         247.00

 WESTERN CORNBELT          135         765         248.96

  TOTAL 5-AREA           1,714         825         246.60

 N.CENTRAL/E.MT            114         815         246.00

 WESTERN STATES

 EASTERN CORNBELT        1,028         779         247.04

 NORTHEASTERN STATES        94         752         247.24





-------------------------------------------------------------------

Regional Breakdown:

  WESTERN CORNBELT - IA,MN,MO.

  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX

  N.CENTRAL/E.MT - MT,ND,SD,WY.

  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.

  EASTERN CORNBELT - IL,IN,KY,MI,WI.

  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.

-------------------------------------------------------------------





Source:    USDA Market News Service, St. Joseph, MO

           816-676-7000    email:  stjoe.lpgmn@usda.gov

           www.ams.usda.gov/LSMarketNews





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